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04 Sep 2025 |
IDFC First Bank
|
Consensus Share Price Target
|
72.00 |
76.53 |
- |
6.29 |
buy
|
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13 May 2024
|
IDFC First Bank
|
Geojit BNP Paribas
|
72.00
|
86.00
|
77.15
(-6.68%)
|
|
Accumulate
|
|
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29 Apr 2024
|
IDFC First Bank
|
Axis Direct
|
72.00
|
104.00
|
81.65
(-11.82%)
|
|
Buy
|
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IDFCFB currently trades at 1.6x Sep'25E ABV and we value the stock at 2.0x Sep'25E ABV, to arrive at a target price of Rs 104/share. This TP implies an upside of 23% from CMP.
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28 Apr 2024
|
IDFC First Bank
|
ICICI Securities Limited
|
72.00
|
85.00
|
84.80
(-15.09%)
|
|
Hold
|
|
|
IDFC First Bank (IDFCFB) has reported in line Q4FY24 PAT of INR 7.2bn (up 1% QoQ and down 10% YoY) with improvement in slippage and gross NPA. NII growth remains strong at 24% YoY though elevated opex (up 29% YoY) led to an increase in cost to income (C/I) ratio YoY.
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28 Apr 2024
|
IDFC First Bank
|
Motilal Oswal
|
72.00
|
88.00
|
84.80
(-15.09%)
|
|
Neutral
|
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IDFC First Bank (IDFCFB) reported broadly in-line PAT of INR7.2b (down10% YoY/up1.2% QoQ) in 4QFY24, amid elevated provisions and higher opex.
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|
19 Mar 2024
|
IDFC First Bank
|
Geojit BNP Paribas
|
72.00
|
84.00
|
76.65
(-6.07%)
|
Target met |
Hold
|
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|
12 Mar 2024
|
IDFC First Bank
|
BOB Capital Markets Ltd.
|
72.00
|
96.00
|
79.50
(-9.43%)
|
|
Buy
|
|
|
Monthly Chartbook: India's growth continues to impress. IDFCBK: Ambitious growth outlook
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|
11 Mar 2024
|
IDFC First Bank
|
BOB Capital Markets Ltd.
|
72.00
|
96.00
|
80.80
(-10.89%)
|
|
Buy
|
|
|
Management targets credit/deposit CAGR of 20%/25% over FY24-FY29; NIM to stabilise at current mark with upward bias (6.4% in Q3FY24)
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25 Jan 2024
|
IDFC First Bank
|
BP Wealth
|
72.00
|
|
80.05
(-10.06%)
|
|
Results Update
|
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23 Jan 2024
|
IDFC First Bank
|
Keynote Capitals Ltd
|
72.00
|
99.50
|
81.80
(-11.98%)
|
|
Buy
|
|
|
Quarterly Update Q3FY24
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23 Jan 2024
|
IDFC First Bank
|
Axis Direct
|
72.00
|
100.00
|
81.80
(-11.98%)
|
|
Buy
|
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We maintain our BUY recommendation on the stock.
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